Ballard Power Systems Inc BLDP

Launch of FCmove™-HD+

[Betteryear2]

VANCOUVER, BC, Sept. 16, 2021 /CNW/ - Ballard Power Systems (NASDAQ: BLDP0) (TSX: BLDP) today announced the launch of the FCmove™-HD+, designed for buses and medium and heavy-duty trucks, and is the latest product in Ballard's 8th generation heavy duty power module portfolio.

https://www.newswire.ca/news-releases/ballard-announces-launch-of-fcmove-tm-hd--858673496.html

[biggerr]

I missed the whole run to $50 in the winter, hopefully now will be another chance. The bulkiness of the hydrogen engines was the biggest hurdle for the wide use of them. Now with the smaller size the floodgates for their use could open wide

[Bookworm28]

I'm not sure if we'll see $50 by year end, but I wouldn't rule it out either. $25 a share before year end is highly likely IMO. This was a very encouraging NR. The parts I like best, include: "The new FCmove-HD+, with a 100-kilowatt (kW) power output, is smaller, lighter, more efficient and lower cost than previous generations, and has been designed to improve ease of vehicle

[PuerSimia]

Very good press release. If the market is up Tuesday morning, I buy back in. We always good for a trade.

[PuerSimia]

The Dow is up at the open, so I went all in at $19.32. Aggressive, but this is good price I'd say.

[Bookworm28]

What? PS, that's a tad aggressive don't you think?

[PuerSimia]

Yes, I think it time for another good press release, and markets are rebounding.

[Bookworm28]

$19.77 so far this morning, up 0.45 or 2.33% Not bad PS. What makes you think a NR is on it's way?

[PuerSimia]

Nothing specific

[Barrhavenite]

Me thinks BLDP will flatline for about a year while the sales catch up with the shareprice. $50 a share was a bit exuberant.